Find the future values of the following ordinary annuities:

a. fv of $400 each six months for five years at a simple rate of 12 percent, compounded semiannually.
b. fv of $200 each three months for five years at a simple rate of 12 percent, compounded quarterly.
c. the annuities described in parts a and b have the same amount of money paid into them during the 5-year period and both earn interest at the same simple rate, yet the annuity in part b earns $101.76 more than the one in part a over the five years.

why does this occur?

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Experienced problem solvers always consider both the value and units of their answer to a problem. why?

Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply